Which one of the following statements about purchasing is true?

* The cost of purchases as a percent of sales is often small

* Purchasing provides a major opportunity for price increases

* Purchasing is always more efficient than making an item

* Purchasing has an impact on the quality of the goods and services sold

* Competitive bidding is a major factor in long-term cost reductions

Top 2 Answers

A few days ago

aleihs

Favorite Answer

i think only the v3rd statemnt is true

5 years ago

Purchasing is always more efficient than making an item

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